different between premium vs benefit

English

Alternative forms

• præmium (archaic)

Etymology

From Latin praemium (“prize”).

Pronunciation

• (General American) IPA^(key): /?p?imi?m/

Adjective

premium (not comparable)

1. Superior in quality; higher in price or value.
2. (automotive) High-end; belonging to the market segment between mid-market and luxury.

   Coordinate terms: economy, luxury

Translations

Noun

premium (plural premiums or premia)

1. A prize or award.
2. Something offered at a reduced price as an inducement to buy something else.
3. A bonus paid in addition to normal payments.
4. (insurance) The amount to be paid for an insurance policy.
5. An unusually high value.
6. (finance) The amount by which a security's value exceeds its face value.

Translations

Usage notes

• Premia is much less common than premiums, accounting for less than 1% of total usage in US (COCA) and in UK (BNC).

Antonyms

• (finance): discount

Derived terms

Further reading

• Premium on Wikipedia.Wikipedia
• Premium in the Encyclopædia Britannica (11th edition, 1911)

French

Noun

premium m (plural premiums)

1. premium

Indonesian

Etymology

Learned borrowing from Latin praemium (“prize”). Doublet of premi.

Pronunciation

• IPA^(key): [pre?mi?m]
• Hyphenation: pré?mi?um

Noun

premium or prémium

1. premium:

   Synonym: premi

   1. A prize, a reward.

      Synonym: hadiah

   2. A premium, money paid for e.g. an insurance.
2. Something superior in quality; higher in price or value.
   1. (colloquial) Pertamina petrol or gasoline product with octane rating of 88.

Further reading

• “premium” in Kamus Besar Bahasa Indonesia (KBBI) Daring, Jakarta: Badan Pengembangan dan Pembinaan Bahasa, Kementerian Pendidikan dan Kebudayaan Republik Indonesia, 2016.

Spanish

Adjective

premium (invariable)

1. premium

English

Alternative forms

• benefite (obsolete)

Etymology

From Late Middle English benefytt, benefett, alteration (due to Latin bene-) of benfet, bienfet, bienfait (“good or noble deed”), from Anglo-Norman benfet (“well-done”), Middle French bienfait, from Old French bienfet, bienfait (“foredeal, favour”), from past participle of bienfaire (“to do good, do well”), from bien (“well”) + faire (“to do”), modelled after Latin benefactum (“good deed”). More at benefactor.

Pronunciation

• (UK) IPA^(key): /?b?n.?.f?t/
• (US) enPR: b?n'?f?t, IPA^(key): /?b?n.?.f?t/

Noun

benefit (countable and uncountable, plural benefits)

1. An advantage; help or aid from something.
2. (insurance) A payment made in accordance with an insurance policy or a public assistance scheme.
3. An event such as a performance, given to raise funds for some cause.
4. (obsolete) beneficence; liberality
   • c. 1613, John Webster, The Duchess of Malfi

     What was it with such violence he
     On the wild benefit of nature live took Happier than we

5. Intended audience (as for the benefit of).

Synonyms

• (advantage, help): foredeal, advantage, aid, assistance, boon, help
• (payment): subsidy

Antonyms

• (advantage, help): harm, disadvantage, encumbrance, hindrance, nuisance, obstacle, detriment

Derived terms

• beneficial
• benefiter
• benifit (a misspelling)

Translations

See also

• lagniappe

Verb

benefit (third-person singular simple present benefits, present participle benefiting or benefitting, simple past and past participle benefited or benefitted)

1. (transitive) To be or to provide a benefit to.
2. (intransitive) To receive a benefit (from); to be a beneficiary.

Usage notes

• Benefiting and benefited are more common, with benefitting and benefitted being minor variants, especially in the US.

Synonyms

• help, batten, behoove

Antonyms

• malefic
• detriment

Derived terms

Related terms

Translations

Italian

Etymology

Borrowed from English benefit.

Noun

benefit m (invariable)

1. benefit, advantage

Latin

Pronunciation

• (Classical) IPA^(key): /?be.ne.fit/, [?b?n?f?t?]
• (Ecclesiastical) IPA^(key): /?be.ne.fit/, [?b??n?fit?]

Verb

benefit

1. third-person singular present passive indicative of benefaci?